50 U.S.C. § 3974 — Policies entitled to protection and lapse of policies
submitted 86 years ago by Pub. L. 108-189 to r/title-50-WAR-AND-NATIONAL-DEFENSE · 107 words · no verdicts yet
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The Secretary of Veterans Affairs shall determine whether a policy* is entitled to protection under this subchapter and shall notify the insured* and the insurer* of that determination.
A policy that the Secretary determines is entitled to protection under this subchapter shall not lapse or otherwise terminate or be forfeited for the nonpayment of a premium*, or interest or indebtedness on a premium, after the date on which the application for protection is received by the Secretary.
The protection provided by this subchapter applies during the insured’s period of military service* and for a period of two years thereafter.
Source credit: (Oct. 17, 1940, ch. 888, title IV, § 404, as added Pub. L. 108–189, § 1, Dec. 19, 2003, 117 Stat. 2853.)
- 1940Enacted · Pub. L. 108-189 · 117 Stat. 2853
A history note hasn’t been published yet. The record shows enactment by Pub. L. 108-189 on 1940-10-17.
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